Yoco

paymentspos/mobile pos

FOUNDING YEAR: 2012
LOCATION: South Africa
Last Update: 01/05/2020

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About

Yoco provides merchants with a mobile point of sale application and card acceptance solution.The Yoco solution includes the mobile app and either a Plug-in Card reader or a Wireless card reader.

Focus

PRODUCTS & SERVICES

YOCO App for POS System.

REVENUE MODEL

Company earns revenues by charging 3.5% processing fee for per transaction.

MAIN CLIENTS

Small businesses

EXISTING PARTNERSHIPS

Feedzai

payworks

Miura Systems

Traction

VALUATION / MARKET CAP:

$11 M in 2017

TRANSACTIONS VALUE:

$1 M

People

FOUNDERS

Katlego Maphai

Carl Wazen

Lungisa Matshoba

Bradley Wattrus

BOARD MEMBERS AND ADVISORS

Karabo Morule

Cornelia Mueller

Charles Niehaus

Katlego Maphai

Carl Wazen

Bradley Wattrus

Lungisa Matshoba

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Accion

CRE Venture Capital

FMO

Futuregrowth

Globivest

Hard Yaka

Orange

PAR Technology Corp

Quona Capital

Velocity Capital Private Equity

Venture Souq

Momentum

FUNDED

YES

TOTAL FUNDING

$23.1 M

DATE OF LAST FUNDING

Sep 2018

TOTAL FUNDING COMMENT

The company will use the funds to build up its user base and to add more product features. (Sep. 2018)

SEED & PRIOR FUNDING

$4.1 M

SEED CLOSED ON

Oct 2015

FUNDING SERIES

SERIES A  · $3 M  · Mar 2017

SERIES B  · $16 M  · Sep 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

South Africa

Views:

170 VISITORS | 301 VIEWS
LATEST FUNDING ROUND

$23.1 M

TOTAL EMPLOYEES
11-50

About

Yoco provides merchants with a mobile point of sale application and card acceptance solution.The Yoco solution includes the mobile app and either a Plug-in Card reader or a Wireless card reader.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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